Category Archives:
Korean theme park developer’s bond default points to wider stress
By Cynthia Kim SEOUL (Reuters) - A missed bond payment by the developer of a South Korean theme park has rattled the country's money markets and raised worries about the prospect of a credit crunch si...
Oct 28, 2022
OPEC expected to stick to view of long-term oil demand rise
By Alex Lawler LONDON (Reuters) - OPEC's view that world oil demand will keep rising for longer than many other forecasters predict is not expected to change much in its forthcoming major report, desp...
Oct 28, 2022
ECB’s Villeroy: next ECB hikes will not necessarily be like this week’s ‘jumbo’ increase
PARIS (Reuters) - Future interest rate increases by the European Central Bank will not necessarily be 'jumbo' increases as the one done yesterday, ECB member and Bank of France head Francois Villeroy ...
Oct 28, 2022
ECB could raise inflation projections, policymaker says
VILNIUS (Reuters) - The European Central Bank (ECB) may need to raise its inflation projections further in December, Lithuanian policymaker Gediminas Simkus told reporters on Friday. Simkus added that...
Oct 28, 2022
Electrolux swings to loss in Q3, braces for further market slowdown
STOCKHOLM (Reuters) - Sweden's Electrolux swung to loss in the third quarter as costs soared, particularly in North America, and demand slowed, and warned of further slowdown. Europe's biggest home ap...
Oct 28, 2022
Column-Fed may be alert to favoured yield curve alarm: Mike Dolan
By Mike Dolan LONDON (Reuters) - If the U.S. Federal Reserve tends to tighten hard until something breaks, as some investors still believe despite the central bank's denials, then it may have heard an...
Oct 28, 2022
French economy grows 0.2% in third quarter – INSEE
PARIS (Reuters) - France's economy expanded 0.2% in the third quarter as household spending stagnated, an official preliminary reading showed on Friday. A Reuters poll had forecast third-quarter growt...
Oct 28, 2022
Analysis-European retailers are on investors’ naughty lists this Christmas
By Joice Alves LONDON (Reuters) - The Christmas shopping period is unlikely to bring relief to European retailers that sell anything from running shoes to handbags as the cost-of-living crisis squeeze...
Oct 28, 2022
Finnair posts first quarterly profit since 2019
HELSINKI (Reuters) - Finland's national carrier Finnair on Friday posted its first positive quarterly comparable operating profit since the final quarter of 2019, although its net result remained in t...
Oct 28, 2022
Tobacco and nicotine group Swedish Match’s Q3 profit matches expectations
(Reuters) - Nicotine and tobacco products group Swedish Match on Friday reported a third-quarter operating profit matching expectations and said its U.S. smokefree business and a strong dollar had inc...
Oct 28, 2022
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